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Asia Pacific Condiment Sauces Market to Register 5.85% Cagr 2014-2020 as Rapid Urbanization Alters Consumption Patterns

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Transparency Market
Research

Condiments Sauces Market - Asia Pacific Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date
07-10-2014

117 Page Report

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Press Release

Asia Pacific Condiment Sauces Market to Register 5.85% CAGR
2014-2020 as Rapid Urbanization Alters Consumption Patterns

Transparency Market Research
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Condiments Sauces Market

REPORT DESCRIPTION

The report is titled “Condiments Sauces Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends
and Forecast 2014 - 2020,” and is available on the company’s website for sale. The report states that the
asia pacific condiments sauces market will witness growth at a healthy 5.85% CAGR over the said period,
and will register a rise from US$6,137.01 mn in 2014 to a valuation of US$8,629.7 mn by 2020.
A major shift in consumption patterns demonstrated by the economically stabilizing and progressing
population of Asia Pacific, more specifically from conventional homemade food to western-style and fast
foods, has significantly pushed the market for condiments sauces in the region. A recent market research
report published by Transparency Market Research examines the growth trajectory of the market in the
region as observed over the report’s review period and forecasts the market’s growth prospects over the
period from 2014 through 2020.
Condiments sauces are often used as table dips or are used in several recipes as cooking sauces, or both.
Used for adding flavor or spice to food items, a variety of condiments sauces form a central ingredient of a
number of traditional recipes that are native to Asia Pacific countries. The rapid rate of urbanization and
busy lifestyles of people in developing countries in the region are bringing about major changes in...

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